-as of [2 NOVEMBER 2026]-
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*by [country]* –>
“limited liability company”
(united states)
-“public limited company” (PLC)-
(great britain)
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-a [limited liability company] (LLC) is the “united states-specific” form of a [private limited company]-
(it is a ‘business structure’ that combines the ‘pass-through taxation’ of a ‘partnership’ or ‘sole proprietorship’ with the ‘limited liability’ of a ‘corporation’)
(an ‘LLC’ is not a ‘corporation’; it is a legal form of a ‘company’ that provides ‘limited liability’ to its ‘owners’ in many ‘jurisdictions’)
(‘LLCs’ do not need to be organized ‘for profit’)
(in certain ‘US states’ (for example, ‘texas’), ‘businesses’ that provide ‘professional services’ requiring a ‘state professional license’, such as ‘legal’ or ‘medical’ services, may not be allowed to form an ‘LLC’ but may be required to form a very similar entity called a ‘professional limited liability company’ (or ‘PLLC’))
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ππ|/\-*WIKI-LINK*-/\|ππ
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πππβ*βLIMITED COMPANIESβ* β πππ
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*πβ¨ *TABLE OF CONTENTS* β¨π·*
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